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$547,500
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Property Description
Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!
Full Property Details
Full Property Details for 1818 W 78th St
General
- Sold For: $547,500
- Taxes: $4,191 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12384274
- Added to Site: 219 day(s) ago
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Drive East or West on 79th Street to Ashland Ave (1600 West). Go North to 78th Street. Turn left (West). Property is on the NE corner of 78th and Honore.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 3
- Square Feet: 5,588
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Sq. Ft.): 3,750
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $20,640
- Assessment Year: 1928
- Tax Amount: $4,191
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 20304230180000
Listed by @properties Commercial
Sold by YUB Realty Inc
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Schools
Schools serving 1818 W 78th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School, Chicago, IL 7650 South Wolcott Avenue, Chicago, IL 60620 | PK-8 | 0.2 mi |
Bogan High School 3939 West 79th Street, Chicago, IL 60652 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1818 W 78th St
Date
Details
Price
Change
Source
11/14/2025
Sold
$547,500
-8.6%
MLS
6/10/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1818 W 78th Street, Chicago, IL 60620 (MLS# 12384274) is a Commercial property that was sold at $547,500 on November 14, 2025. Want to learn more about 1818 W 78th Street? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

